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Monetary Policy

MPC Mandate of the CBN | Calendar of Meetings | Conduct of MPC | Committees | Educational | FAQ's | Policy Decisions | Policy Communiques | Intl. Economic Cooperations | Monetary Policy Review | Policy Measures | Understanding Monetary Policy Series

Monetary Policy Forum

In 2000, the CBN established the Monetary Policy Forum in order to create a channel for public enlightenment and cross fertilization of ideas between the monetary authorities and other stakeholders. The forum was created in recognition of the fact that monetary policy works best in an environment in which the views of the key stakeholders are taken into consideration in both its conception and implementation. This initiative is consistent with the general move towards greater transparency and openness in the conduct of monetary policy `by central banks worldwide. The Forum also serves as a medium for educating the public on the monetary policy decisions of the Bank, which is necessary for the sustenance of its autonomy and credibility.

Read Frequently Asked Questions (FAQs) on Monetary Policy

Facts : 1/1/1900
West African Currency Board:The West African Currency Board was established in 1912 to retain the services of Bank of British West Africa. It set up four centres in Lagos, Accra, Freetown and Barthurst (now Banjul).
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Contact Centre (CBNConnect)

Phone: +234 700 225 5226


Central Bank of Nigeria
Plot 33,
Abubakar Tafawa Balewa Way
Central Business District,
Cadastral Zone,
Federal Capital Territory,

Post Office Box

P.M.B. 0187,
Garki Abuja.

We are open for business Monday through Friday except on national holidays. Official visiting days are Tuesdays and Thursdays by appointment only. Our working hours are from 8:00a.m. - 4:00p.m.


General Switch Board:
See Reception Desk below

Authorized Dealer Enquires
+234 9 462 37804,
+234 9 462 37802

Commercial Agricultural Credit Scheme (CACS)
+234 9 46237602

Corporate Communications
+234 9 462 36011
Fax: +234 9 462 36012

Complaints Against Financial Institutions

Ethics & Anti-Corruption Helpline
+234 9 462 39246
+234 9 462 36000

Forex Helpdesk
+234 9 462 37827
+234 9 462 37831

Reception Desk
+234 9 462 39701-02